Tampa Bay Rays/Hines proposes affordable housing near Tropicana Field
The Tampa Bay Rays and Houston-based development firm Hines have submitted an unsolicited bid to St. Petersburg to develop affordable housing near Tropicana Field. The team, known as the Hines Historic Gas Plant Partnership, has offered to lease the 0.58-acre site located at 1659 Third Ave. S from the city to build a minimum of 80 affordable for-rent units and 2,500 square feet of retail and surface parking. Michael Harrison, senior managing director for Hines, wrote in an Oct. 11 letter to the city this project will be a part of its “robust Intentional Equity commitments” for the Historic Gas Plant District (HGPD). The proposal has triggered an open process for other developers to offer to develop the site. Proposals are due by 10 a.m. on November 28.
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